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Oak Pacific Reports Rising Revenue
Beijing-based online entertainment company Oak Pacific Interactive has seen its revenue grow by more than 30% month-on-month for three consecutive months and recorded 10% year-on-year growth in each of the first three quarters of 2009, reports Sohu quoting company Chief Marketing Officer Jiang Zhiqiang on November 2.
Oak Pacific began generating profits in the second quarter, Jiang added.
Oak Pacific Interactive announced in late October that its social networking site Renren.com (formerly Xiaonei.com) has recorded more than 100 million registered users.
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